What is the University’s cost model/rate for indirect costs for FP7 Applications?
We use the Special Transition Flat Rate (STFR), which means that our indirect costs are calculated on the basis of a flat rate of 60% of our direct costs. For example if we have estimated EUR 100,000 for our direct costs, the total costs included in the proposal will be EUR 160,000 (100,000 direct costs plus 60,000 indirect costs). This applies for Collaborative projects and Networks of Excellence – but Coordination and Support Actions are different. N.B. It should be noted that the true cost to the University of undertaking the work remains at fEC, but this will not be reflected on the project application. Currently the University is not intending to move to the variant of fEC that has been developed for UK HE sector specifically for use on FP7 proposals, but will continue to monitor and assess whether this move could prove worthwhile.
Related Questions
- If an organization does not have a federally approved indirect cost rate; can the organization request indirect costs in the budget submission? If so, what is the limit?
- If an applicant does not have an Indirect Cost Rate Agreement with the government, then what costs cannot be included in their proposed budget?
- Is the indirect costs arrived at by the application of the indirect cost rate percentage reimbursed to state government?
